EFRAF6
Link to PAC (on-line applicataion)

MSc Economic and Financial Risk Analysis provides advanced training in economic and financial risk analysis, and the opportunity for original research in this area.  Students acquire quantitative and statistical foundations for measuring and analyzing risk, the relevant foundations in financial and economic pricing theory, and an advanced understanding of financial derivatives.  They participate in a workshop on risk analysis and undertake original research on a risk analysis topic.
 The degree is targeted at high quality undergraduate students who have obtained at least a 2:1 degree in Economics or a related subject. Graduates have a proven track record in securing employment within the financial sector both in Ireland and abroad. Students who have completed this programme have gone on to achieve successful careers in stock broking, consultancy, investment and retail banking, as well as in policy related institutions such as the Central Bank of Ireland and the Economic and Social Research Institute.

In addition students who excel in this programme will be eligible to apply for admission to our PhD programme. Interested students may obtain application forms from the department.

 
Year Requirements

Programme Structure:
The Programme has a 4-term structure. The taught modules (each carrying a weight of 5 ECTS) are outlined below. In addition, in Terms 1-3, modules are accompanied by an extensive set of seminars, designed to give the student practice in the application of material covered in lectures. A 30-ECTS Thesis (FN690) must also be completed and submitted by mid-August.

Further details on modules are available at http://www.nuim.ie/courses/?Target=CS&Mode=SEARCH
Students must take the following taught modules:

TERM 1:

• EC601: Microeconomic Theory 1
• EC605A: Mathematics for Economists
• EC605B: Fundamentals of Econometrics

TERM 2:

• EC606: Econometrics 1
• FN607: Financial Economics
• FN612: Risk and Uncertainty

TERM 3:

• EC607: Econometrics 2
• FN608: Advanced Derivatives

TERM 4:

Students take two from the following (all modules may not be offered in every year)

• FN609: International Finance
• FN610: Market Microstructure
• FN613: Corporate Finance